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Incorrect MLS information finds agent liable


What happens when a REALTOR believes a property is only zoned as residential as it is in the middle of a subdivision, but it turns out the past owner applied for a mixed permit and the zoning is marked improperly in the MLS? What about when it is wrong on the tax record and says a house is a three bedroom, but it is actually a four bedroom and the data isn't corrected by the REALTOR when they enter that listing into the MLS? It depends on where you are, but in Boston, attorney and law blogger, Richard D. Vetstein says REALTORS must independently verify property information.

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Last classroom CE course of 2011 


Thursday, December 8
Hilton Garden Inn, Lexington, KY

U.A.D - Avoiding the Confusion (3 hrs law), 9am-noon
Environmental Issues (3 hrs law), 1pm-4pm
Instructor: C.W. Wilson
Register Now (online through Wed at noon, walk-ins welcome)

These courses satisfy your annual requirements for KREC and are the last KREEF CE classroom courses for the year. Online options are available 24/7.

Need CORE in 2011? No more waiting!


Licensees need the mandated CORE course at least once every four years as required by KREC. In addition to CORE hours, the course counts as 6 hours law CE. The course must be completed by December 31, 2011 to count as hours for this year.

CORE Classroom Dates
December 15 - Bardstown
December 16 - Louisville

Live Web Dates
December 6 & 7 - Live Web
December 19 & 20 - Live Web
December 29 & 30 - Live Web

Check the calendar for all upcoming education courses

From the KAR blog:

  

For the latest headlines, click here or check out some of the most popular posts below:  

Agent buys house from under client's nose

Home payments almost 40% cheaper than in 2006

Fannie Mae says no foreclosures during holidays

Closing costs by state - 2011

The fuzzy math of home values

October new home sales show improvement

Subscribe: You can subscribe to receive daily updates by clicking the links on the right hand side of the blog home page. Guaranteed at least one new post daily.

Don't pay $500 at the end of the year

 
If you are looking for ways to get your annual CE requirements, take a look at these options (and don't get hit with a $500 fine at the end of the year):

Online Courses

Live Web Courses

Classroom Courses
ShowingSuite

Save up to 30% on UPS shipping

  

KAR members can save up to 30% off UPS Express air and international shipments. All this with the peace of mind that comes from using the carrier that delivers outstanding reliability, greater speed, more service, and innovative technology. UPS guarantees delivery of more packages around the world than anyone, and delivers more packages overnight on time in the US than any other carrier.

Members currently enrolled in the UPS Savings Program must re-enroll to take advantage of this new exclusive offer.

KAR members can save:
* Up to 30% on UPS Next Day Air® and Worldwide Express®
* Up to 23% on UPS 2nd Day Air®
* Up to 10% on business services at The UPS Store®

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3 things to consider when representing a buyer or seller
 

1. Always advise buyers to purchase an owner's title insurance policy.
2. When dealing with short sales or foreclosures, ask a professional to help you in negotiating with the lenders and/or drafting the contracts.
3. Ask the lender to use the title company that best suits the buyer in terms of price, convenience, location, services, etc.

Contact Limestone Title & Escrow for more information on the products and services offered - (502) 632-2277. 

This is a paid advertisement
November 2011
Limestone Title
In This Issue
MLS info
CE course
CORE course
KAR blog

KAR Affinity Partners 


UPS (New Program) 

KAR members can save up to 30% on UPS shipping. Members currently enrolled in the UPS Savings Program must re-enroll to take advantage of this new exclusive offer.

 

Showing Suite
Get feedback on your listings, improve communication with your sellers, and set yourself apart from your competition with HomeFeedback®.

Drug Card

As a member, you, your family & friends may be able to lower your prescription drug costs.

Nationwide Insurance
Offering you a special insurance program that could save you up to $500 with special rates on your auto policy.

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Broker Involvement

Program 

 
Get involved in a program that will boost Kentucky's Call-for-Action response rates. If you are a real estate broker in Kentucky, please enroll (it's free and easy), and if you are an agent, please encourage your broker to join this effective network of broker leadership in public advocacy for REALTORS® across the United States.

Learn more and enroll here (to enroll, click the "Join the Program" button on the left side)

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